Tide Platform Ltd
Tide Platform Ltd, commonly known as Tide, is a leading financial technology company headquartered in Great Britain. Founded in 2015, Tide has rapidly established itself in the digital banking sector, primarily serving small and medium-sized enterprises (SMEs) across the UK and Europe. The company offers a range of innovative banking solutions, including business accounts, expense management tools, and invoicing services, all designed to simplify financial operations for entrepreneurs. Tide's unique approach combines user-friendly technology with a deep understanding of the challenges faced by SMEs, positioning it as a trusted partner in the business community. With significant milestones such as securing substantial funding and expanding its user base, Tide continues to enhance its market position, making it a prominent player in the fintech landscape.
DitchCarbon Score
How does Tide Platform Ltd's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Tide Platform Ltd's score of 23 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tide Platform Ltd's reported carbon emissions
In 2020, Tide Platform Ltd reported significant carbon emissions totalling approximately 721,478,000 kg CO2e from Scope 1 sources and about 1,199,000 kg CO2e from Scope 2 (market-based). The combined total for Scope 1 and Scope 2 emissions reached around 722,677,000 kg CO2e. Notably, there is no reported data for Scope 3 emissions. Currently, Tide Platform Ltd has not established any specific reduction targets or initiatives, nor are there any commitments to climate pledges or industry standards such as the Science Based Targets initiative (SBTi). The absence of reduction targets indicates a potential area for future development in their climate strategy. As of now, the emissions data is not cascaded from any parent or related organization, reflecting the company's independent reporting status.
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| 2020 | |
|---|---|
| Scope 1 | 721,478,000 |
| Scope 2 | 1,199,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tide Platform Ltd is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
